super.money, a credit-first UPI service platform backed by Flipkart Group, has officially launched its app after a successful beta phase. During the beta testing, the app garnered nearly one million downloads and facilitated over 10 million transactions, reflecting significant user adoption.
The platform’s initial offering includes UPI transactions through RuPay cards and bank account linkage. super.money also completed testing of its innovative “credit on UPI” solution and initiated a waitlist for users eager to access this feature. This solution, featuring a RuPay credit card operating like an interest-bearing wallet on UPI, is being touted as a global first. super.money aims to enhance everyday transactions by offering up to 5% cashback on merchant transactions and special deals from partners like Flipkart and Myntra. Additionally, the app introduces unique rewards programs such as superNameDrop, Raffle, and Meme-Money, adding a social dimension to financial transactions.
Prakash Sikaria, Founder & CEO, highlighted the app’s potential, stating, “The digital payments landscape in India is brimming with opportunities. We aim to redefine how users engage with financial services, making them more accessible and aligned with the government’s vision for a digitally empowered India.”super.money plans to expand its offerings with co-branded credit cards, fixed deposits, and instant loans in the coming months, further democratizing access to financial services in India.